Delhivery Limited has informed the Exchange about grant of Stock Options under Delhivery Employees Stock Option Plans

Delhivery has informed the stock exchange about the grant of stock options to employees under its Employee Stock Option Plans (ESOPs). This is a routine disclosure required whenever stock options are allotted to employees. The exact number of options granted and the grant price have not been detailed in the headline. Such grants are part of the company's employee compensation and retention strategy. Existing shareholders will experience mild dilution once these options are exercised and converted into shares.